Mises Wire
Author:
John Martin
Chris Calton
Online Publish Date:
In 1862, José Arechabala y Aldama arrived in Havana, Cuba at the age of fifteen. At thirty-one, he founded Arechabala Industries, a small distillery in Cárdenas, Cuba, which was then a small but rapidly growing seaport city with a bustling port and budding railroad industry. In 1888, this city was devastated by a hurricane. Don José’s company